Tipton County, Tennessee Property Taxes
Census Bureau ACS property tax data for Tennessee. Population: 17,401.
The median annual property tax in Tipton County is $1,158, which is 14% higher than the Tennessee state average and 40% below the national average. The effective tax rate is 0.53% on a median home value of $220,100. Property taxes represent 1.6% of the median household income in this county.
Median Annual Tax
$1,158
+14% vs State
-40% vs US
Median Home Value
$220,100
+9% vs State
+4% vs US
Effective Tax Rate
0.53%
+4% vs State
-44% vs US
With vs Without Mortgage
With Mortgage
$1,204
$100/mo
Without Mortgage
$1,060
$88/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,158 +4.1% | 0.53% |
| 2022 | $1,112 +9.0% | 0.55% |
| 2021 | $1,020 +2.1% | 0.61% |
| 2020 | $999 -0.1% | 0.62% |
| 2019 | $1,000 | 0.67% |
Tax Burden
Tax-to-Income Ratio
1.6%
of median household income
Median Income
$71,736
per year
Monthly Tax
$97
per month
Other Counties in Tennessee
Smith County
Tax: $1,047/yr Rate: 0.47%
Marion County
Tax: $771/yr Rate: 0.44%
Benton County
Tax: $717/yr Rate: 0.58%
Cocke County
Tax: $911/yr Rate: 0.64%
Union County
Tax: $720/yr Rate: 0.39%
Henry County
Tax: $700/yr Rate: 0.48%
Frequently Asked Questions
What is the average property tax in Tipton County, Tennessee? ▼
The median annual property tax in Tipton County is $1,158 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.53% on a median home value of $220,100.
How does Tipton County property tax compare to the national average? ▼
Property taxes in Tipton County are 40% below the national average of $1,923. The effective rate of 0.53% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Tipton County? ▼
In Tipton County, homeowners with a mortgage pay a median of $1,204 in annual property taxes, while homeowners without a mortgage pay $1,060. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Tipton County? ▼
Property taxes in Tipton County represent approximately 1.6% of the median household income of $71,736. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.